Mercer Global Advisors Inc. ADV Acquires 90,069 Shares of NatWest Group plc (NYSE:NWG)

Mercer Global Advisors Inc. ADV boosted its position in shares of NatWest Group plc (NYSE:NWG - Free Report) by 47.1% during the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 281,412 shares of the company's stock after buying an additional 90,069 shares during the quarter. Mercer Global Advisors Inc. ADV's holdings in NatWest Group were worth $2,862,000 as of its most recent SEC filing.

Other hedge funds have also recently bought and sold shares of the company. Whipplewood Advisors LLC acquired a new position in shares of NatWest Group during the fourth quarter valued at $27,000. Hilltop National Bank bought a new position in shares of NatWest Group during the fourth quarter worth $29,000. First Horizon Advisors Inc. grew its stake in NatWest Group by 161.4% in the fourth quarter. First Horizon Advisors Inc. now owns 2,894 shares of the company's stock valued at $29,000 after acquiring an additional 1,787 shares during the period. Wilmington Savings Fund Society FSB bought a new stake in shares of NatWest Group in the third quarter worth about $33,000. Finally, Geneos Wealth Management Inc. acquired a new stake in shares of NatWest Group during the fourth quarter worth about $35,000. 1.27% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

A number of research analysts have weighed in on NWG shares. Peel Hunt lowered shares of NatWest Group from a "strong-buy" rating to a "moderate buy" rating in a research note on Thursday, March 6th. BNP Paribas lowered shares of NatWest Group from an "outperform" rating to a "neutral" rating in a research note on Tuesday, March 4th. Finally, Citigroup reissued a "buy" rating on shares of NatWest Group in a research note on Monday, April 28th. One research analyst has rated the stock with a hold rating, four have assigned a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of "Buy".

NatWest Group Stock Up 1.8 %

Shares of NYSE NWG traded up $0.23 during mid-day trading on Friday, hitting $13.25. The company had a trading volume of 12,155,851 shares, compared to its average volume of 3,431,323. The company has a current ratio of 1.06, a quick ratio of 1.06 and a debt-to-equity ratio of 0.16. The firm has a 50-day simple moving average of $12.13 and a two-hundred day simple moving average of $11.02. The company has a market capitalization of $53.36 billion, a PE ratio of 9.74, a price-to-earnings-growth ratio of 0.85 and a beta of 1.01. NatWest Group plc has a one year low of $7.80 and a one year high of $13.30.

NatWest Group (NYSE:NWG - Get Free Report) last released its quarterly earnings data on Friday, May 2nd. The company reported $0.39 earnings per share for the quarter, topping the consensus estimate of $0.34 by $0.05. The firm had revenue of $5.30 billion for the quarter, compared to analyst estimates of $3.80 billion. On average, equities analysts expect that NatWest Group plc will post 1.35 EPS for the current year.

NatWest Group Increases Dividend

The business also recently announced a semi-annual dividend, which was paid on Monday, April 28th. Investors of record on Friday, March 14th were issued a dividend of $0.3899 per share. This is an increase from NatWest Group's previous semi-annual dividend of $0.36. The ex-dividend date of this dividend was Friday, March 14th. This represents a dividend yield of 3.8%. NatWest Group's payout ratio is presently 51.68%.

NatWest Group Company Profile

NatWest Group plc, together with its subsidiaries, provides banking and financial products and services to personal, commercial, corporate, and institutional customers in the United Kingdom and internationally. It operates through Retail Banking, Private Banking, and Commercial & Institutional segments.